December 19th, 2018 by WCBC Radio

Comptroller Franchot announced today that the Board of Public Works has approved a $159.7 million contract to replace and upgrade the state's tax processing system with a state-of-the-art program that will expand revenue-generating projects, provide enhanced reporting functionality and make it easier for taxpayers to view their accounts with the agency. The contract was unanimously awarded to Pembroke, Massachusetts-based Revenue Solutions Inc. "I am very excited about our new COMPASS tax system, which will let us process tax returns more quickly and stop tax cheats from stealing Marylanders' hard-earned money," said Comptroller Franchot. "For taxpayers, this means an even speedier tax refund and a more user-friendly experience that will eventually let them view and manage their accounts online." The COMPASS tax processing system will replace the agency's State of Maryland Tax (SMART) system, Computer Assisted Collection System and other antiquated tax processing systems that operate on outdated, often-unsupported technology platforms.